For the reason that assassination of former US President Donald Trump, Silicon Valley has been lining as much as declare its support. It is an indication of anticipation for a unique side of the Biden administration, which focuses on technology regulation. The atmosphere is rapidly expanding, especially with the addition of JD Vance, a Silicon Valley investor, as a vice presidential candidate.
Bloomberg reported on the sixteenth (local time) that major Silicon Valley investors welcomed former President Donald Trump’s alternative of Ohio senator and former enterprise capitalist JD Vance as his running mate.
That is according to expectations that former President Trump’s arrival within the White House in November will help make the technology industry a point of interest in Washington.
A representative example is Tesla CEO Elon Musk, who declared his support for Trump a couple of days ago. He expressed through X (Twitter) about Vance’s candidacy, saying, “The sound of victory is ringing out.”
As well as, investors David Sachs, Sequoia Capital, and Founders Fund also welcomed the choice.
Particularly, Andreessen Horowitz, a number one investment firm in AI startups, is alleged to be planning to donate a big sum of money to Trump’s presidential campaign. The precise amount has not been determined yet, but it surely is alleged to be lower than the $45 million (about 62 billion won) in monthly donations announced by Elon Musk.
In a blog post earlier this month, Andreessen Horowitz lamented that the U.S. government is “way more hostile to latest startups than it was once,” and warned of restrictions on cryptocurrencies and artificial intelligence (AI), areas where Trump is predicted to be more lenient.
But not all tech corporations are blissful in regards to the decision. Vance, who was nominated as vp that day, worked in enterprise capital from 2016 to 2019 and founded a startup in 2019. While he supports open source and cryptocurrency, he believes that big tech corporations like Google need strong regulations.
So, those that welcomed Vance’s nomination were mostly open source and small tech groups. Microsoft, Google, Apple, etc., only expressed their opposition to violence when Trump was shot a couple of days ago, but have kept quiet since.
On the identical day, the Washington Post reported that it had obtained documents showing that the Trump campaign was launching a series of “Manhattan Projects” to develop military technologies and preparing a sweeping executive order on AI that may call for a right away review of unnecessary and burdensome regulations.
The camp said this was an unofficial opinion, but it surely was also identified that that is different from the Biden administration’s deal with AI regulation.
Reporter Im Dae-jun ydj@aitimes.com
